US equity markets opened with volatility on Thursday as selling pressure in the technology sector continued to weigh on major indices, marking a third consecutive session of weakness for the group.
The downturn follows a reversal of early gains on Wednesday, where tech-heavy indices struggled to hold ground amid broader risk-off sentiment.
Micron Technology managed to exceed the "very high bar" set by analysts, according to Handelsblatt, yet the chipmaker's strong performance failed to arrest the broader sector decline.
The disconnect between individual corporate results and sector-wide selling suggests investors are rotating out of high-multiple tech names regardless of near-term earnings beats.
Apple Inc. also faced headwinds, with shares pressured by reports of announced price increases.
The move highlights growing sensitivity to consumer pricing power within the tech sector, as investors weigh the potential impact on demand against margin expansion efforts.